Question
Which initiative, aiming to transform the UAE into a
global hub for advanced industry, is aligned with the recently signed memorandum of understanding (MoU) between the UAE and India?Solution
The UAE and India will cooperate more closely in sustainable industrial development following a memorandum of understanding (MoU) signed at Emirates Palace Focusing on facilitating industrial investments, technology transfer and enabling the deployment of key technologies in industries, the MoU will benefit both countries through joint industrial and technological developments This aligns with the objectives of the national industrial strategy, and ‘Make it in the Emirates’ initiative, aimed at transforming the UAE into a global hub for advanced industry, especially industries of the future" The MoU encompasses various aspects of cooperation aimed at promoting industrial investments in priority sectors for the national economies of both countries, including advanced industries, energy transition solutions, healthcare, and space. About UAE Capital: Abu Dhabi                        Currency: UAE dirham
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